Retailers in pharmaceutical and medical goods, cosmetics, and toiletries are forecast to be among the winners.

Sharp contraction in transported volumes and softer freight rates indicate weakness in the market. 

The R1.25-billion offload is one of the most significant regional reefer cargo developments in recent years.

Atlas Corp has suspended trading of its common stock on the New York Stock Exchange in the wake of $10.9 billion deal.

According to initial projections, 960 tonnes of greenhouse gases will be removed from Norway's supply chain.

"Three men took control of the ship and since then the crew can no longer be reached," an official told AFP.

The meeting comes after the parastatal has been attempting for years to resolve the locos supply problem.

While other businesses typically pay corporate tax rates in their home country, Maersk pays much lower ‘tonnage tax’ in Denmark.

Board and executive management team must turn around crisis in South Africa’s logistics system.

At the time of writing, it appears that the unmistakable downward trend of freight rates may have started to stabilise, says the carrier.